I do not know the exact steps involved in this: Put a lien on the estate for that amount.

You really have to step back and look at the whole picture.

You don't give it a thought...until...that day when you step on that old 2X3 and ooops theres a 3 " rusty nail sticking out of it and now its through your foot.

Sooner or later they will expect to step into your shoes or they expect you to be doing something for them that is worth the fee.

I am a big fan of 2 step approach.We plainly state on all our marketing that they can call 24/7 recorded message.

hello everyone, well anyway i'm a new investor and after some research i decided to focus on pre-foreclosures.well anyway i was told of a strategy that i could use that didn't involve the use of any of my money or credit and will allow me to actually retail these properties to end-buyers and not just wholesale them for a small profit to other investors, it sort of goes like this.1- locate and market to the people in pre-foreclosure, 2- once they contact me setup an appointment with them, 3- setup a land trust with them ( which they will be the beneficiaries and either me or a disinterested party the trustee)and have them sign a "warranty deed to trustee" doc which i will record at the my local court house, 4- also have them sign over there beneficiary interest to you which you'll store away for protection of problems that might come up in the future 5- start marketing the property as well as working on the short sale with there lender, 6- once i have my end-buyer (and hopefully my short sale is accepted in time) have my title company perform a double closing to pay off the first lender as well as myself, and to give the end-buyer clear title without any seasoning issues coming up (which i was told there has to be two separate HUD's, two separate escrow accts and etc)so my questions are: do i have all the steps down correctly or am i missing something?

Good Luck,Mikethats it Mike - and i fully agreeit's just i step out of the house .... and kinda don't know where to go, lol

Making the first step is always scary and maybe the toughest part of the process.

Also, painting on outside, gutter repair, backyard and basement steps, boiler, finishing of wood floors.

Starting to think I need better realtors or have someone else step in who can negotiate better.